Musk says SpaceX is committed to use Nvidia chips exclusively as AMD slumps after earnings
CNBC Television·2026-08-05 18:15

But AMD, like you said, down about 7% even after a record quarter. Revenue jumped 50% driven by data center business that doubled from a year ago and now makes up nearly 60% of the company. And yet shares are down because after more than doubling this year, a beat just wasn't enough for this crowd.So why are we seeing the sell-off. The guide topped Wall Street, but not the whisper numbers, which are increasingly more important. Growth is somewhat slowing.Capital spending came in nearly three times what anal ...

Musk says SpaceX is committed to use Nvidia chips exclusively as AMD slumps after earnings - Reportify